Gold, stocks, crypto extend losses amid 'extreme fear' among investors

Market Overview - The markets continued to experience losses on February 24, with gold prices falling 1.42% to $5,132 per ounce, after previously reaching an all-time high of over $5,500 per ounce [1] - Silver prices increased by 0.30% to $87.06 per ounce, having also surpassed $100 per ounce recently [1] Cryptocurrency Sector - Leading crypto stocks saw declines in pre-market trading, with Strategy (Nasdaq: MSTR) shares dropping over 5.5% to close at $123.71, and further declining to $122.16 [2] - Bitmine Immersion Technologies (NYSE: BMNR) shares fell 4.5% to $19.22, trading at $18.99 at press time [3] - Coinbase Global (Nasdaq: COIN) shares decreased nearly 6.5% to close at $160.24, with a further drop to $155.15 [3] - Circle Internet Group (Nasdaq: CRCL) saw a modest gain of 0.5% after a previous decline of 2.94% to close at $61.17 [4] Bitcoin and Ethereum Performance - Bitcoin experienced a 3.6% decline over the last 24 hours, trading at $63,372.23, and has lost 20% of its value this month, marking its worst monthly performance since June 2022 [5] - Ethereum (ETH) fell 4% in a day, trading at $1,830.39 [5] - Other cryptocurrencies also faced losses, with XRP down 3.7% to $1.33, BNB down 4.3% to $582.24, and Solana (SOL) down approximately 4.3% to $76.71 [6] Market Sentiment - The Crypto Fear & Greed Index is currently at 9 points, indicating "extreme fear" among crypto investors [6]